10 sats \ 1 reply \ @joda 21 Feb \ parent \ on: Bitcoin has a Scaling Issue bitcoin
It is indeed scalable if you are willing to make that tradeoff and risk (sovereignty vs custodial).
Custodial solutions are vulnerable to KYC, censorship, rugs, fractional reserve, etc.
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10 sats \ 0 replies \ @xz 21 Feb
Can't argue with that. I'm just concluding that when you stretch any system to it's logical maximum usage, you've got imperfections and vulnerabilities. Because we live in a political, human and mechanized system. They are all subject to error and exploitation.
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